April 17, 2025 10:43 AM

The Domino Effect of U.S. Tariffs: Why the World Can’t Ignore Trump’s Tariff War

President Donald Trump’s latest tariff salvo has ignited a fierce global trade war, slapping a 10% baseline tariff on all U.S. imports, with steeper "reciprocal" duties of 104% on China, 49% on Cambodia, 46% on Vietnam, and 20% on the EU, targeting trade surpluses and alleged unfair practices. Once considered allies, countries like Canada face 25% tariffs, prompting swift retaliation and fears of economic fallout. Trump defends the moves as vital for national security and American jobs where t...